Financial Ports

India bets $1.2bn on containers to break China’s 95% global grip

CLAVE 1 / 4₹10,000 crore ($1.2bn) scheme runs until FY 2039-40 targeting 750,000 TEU annual capacity.

CLAVE 2 / 47.5 lakh TEU goal is ten-fold increase from India’s current 70,000 TEU output.

CLAVE 3 / 43,000 direct and 50,000 indirect jobs expected across steel, paint and casting industries.

CLAVE 4 / 4Maersk already ordered 1,000 Made-in-India boxes; first ISO-certified unit shipped in 2026.

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